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India Nipon Electric share price

India Nippon Electricals Ltd.

NSE: INDNIPPON BSE: 532240 SECTOR: Auto Ancillary  55k   211   15

599.05
-13.15 (-2.15%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 611.5

Today's Low

₹ 599.05

52 Week High

₹ 860

52 Week Low

₹ 545.2

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

1355.14 Cr.

Enterprise Value

1340.33 Cr.

No. of Shares

2.26 Cr.

P/E

17.92

P/B

1.99

Face Value

₹ 5

Div. Yield

1.71 %

Book Value (TTM)

₹  301.17

CASH

14.81 Cr.

DEBT

0 Cr.

Promoter Holding

70.37 %

EPS (TTM)

₹  33.43

Sales Growth

10.34%

ROE

10.02 %

ROCE

12.87%

Profit Growth

2.47 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year10.34%
3 Year14.59%
5 Year6.63%

Profit Growth

1 Year2.47%
3 Year13.37%
5 Year-0.07%

ROE%

1 Year10.02%
3 Year9.84%
5 Year10.47%

ROCE %

1 Year12.87%
3 Year12.42%
5 Year13.4%

Debt/Equity

0

Price to Cash Flow

21.59

Interest Cover Ratio

195.3077

CFO/PAT (5 Yr. Avg.)

0.853258374541064

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2024 70.37 0.00
Sep 2024 70.37 0.00
Jun 2024 70.37 0.00
Mar 2024 70.37 0.00
Dec 2023 70.37 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 195.3077.
  • The company has an efficient Cash Conversion Cycle of 10.7765 days.
  • Company has a healthy liquidity position with current ratio of 2.4779.
  • The company has a high promoter holding of 70.37%.

 Limitations

  • The company has shown a poor revenue growth of 14.5891946155564% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
Net Sales 178.86 195.68 186.55 209.85 214.67
Total Expenditure 163.6 174.05 169.82 186.23 188.91
Operating Profit 15.26 21.63 16.73 23.62 25.76
Other Income 5.95 8.37 10.55 8.86 1.88
Interest 0.1 0.09 0.14 0.1 0.07
Depreciation 3.73 3.82 3.79 3.95 6.45
Exceptional Items 0 0 0 0 0
Profit Before Tax 17.38 26.09 23.35 28.43 21.12
Tax 5.23 5.59 5.23 7.3 5.24
Profit After Tax 12.15 20.5 18.12 21.13 15.88
Adjusted EPS (Rs) 5.37 9.06 8.01 9.34 7.02

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 478.81 481.23 566.27 656.25 724.08
Total Expenditure 421.9 434.85 515.43 603.29 657.61
Operating Profit 56.91 46.39 50.84 52.96 66.47
Other Income 25.14 16.19 14.05 40.17 24.79
Interest 0.56 0.56 0.49 0.42 0.39
Depreciation 9.41 10.35 12.85 14.62 15.09
Exceptional Items 0 0 0 -8.03 0
Profit Before Tax 72.09 51.67 51.55 70.06 75.78
Tax 16.89 10.97 11.29 12.19 16.48
Net Profit 55.2 40.7 40.26 57.87 59.3
Adjusted EPS (Rs.) 24.4 17.99 17.8 25.58 26.22

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 11.31 11.31 11.31 11.31 11.31
Total Reserves 407.85 438.89 482.3 549.03 611.95
Borrowings 0 0 0 0 0
Other N/C liabilities 14.56 17.73 27.39 36 43.44
Current liabilities 179.67 301.54 108.51 122.27 171.52
Total Liabilities 613.39 769.47 629.51 718.61 838.22
Assets
Net Block 75.97 85.84 130.13 134.44 143.18
Capital WIP 13.24 33.87 5.08 12.8 12.74
Intangible WIP 0 0 0 0 0.32
Investments 130.8 140.2 157.69 206.78 254.89
Loans & Advances 5.55 3.35 2.64 2.08 2.07
Other N/C Assets 0.43 0.46 3.99 0.01 0.01
Current Assets 387.39 505.75 329.98 362.5 425.01
Total Assets 613.39 769.47 629.51 718.61 838.22
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 72.09 51.67 51.55 70.06 75.78
Adjustment -14.52 -2.93 0.33 -12.64 -8.47
Changes in Assets & Liabilities 9.22 0.98 -34.11 10.51 11.12
Tax Paid -17.45 -11.01 -9.35 -11.02 -15.65
Operating Cash Flow 49.34 38.71 8.42 56.91 62.78
Investing Cash Flow -4.74 -33.85 9.91 -32.52 -38.75
Financing Cash Flow -37.51 -14.68 -15.27 -21.91 -24.6
Net Cash Flow 7.09 -9.82 3.06 2.48 -0.57

Corporate Actions

Investors Details

PARTICULARS Dec 2023% Mar 2024% Jun 2024% Sep 2024% Dec 2024%
promoters 70.37 70.37 70.37 70.37 70.37
lucas indian service limi... 70.32 70.32 70.32 70.32 70.32
sheela balaji 0.02 0.02 0.02 0.02 0.02
sowmyan ramakrishnan . - - - - 0.02
t k balaji 0.01 0.01 0.01 0.01 0.01
sowmyan ramakrishnan - 0.02 0.02 0.02 -
sowmyan ramakrishnan 0.02 - - - -
PARTICULARS Sep 2023% Dec 2023% Jun 2024% Sep 2024% Dec 2024%
investors 29.63 29.63 29.63 29.63 29.63
investor education and pr... - - 0.52 - 0.52
llp - - 0.16 0.13 0.12
investor education and pr... 0.49 0.49 - - -

Ratings & Research Reports

Company Presentations

Company News

India Nipon Electric - Quaterly Results 13 Feb, 6:27 PM India Nipon Electric - Quaterly Results 13 Feb, 6:27 PM India Nippon Electricals submits investor presentation 10 Dec, 5:55 PM India Nipon Electric - Quaterly Results 6 Aug, 1:20 PM India Nipon Electric - Quaterly Results 6 Aug, 1:20 PM India Nipon Electric - Quaterly Results 6 Aug, 1:20 PM India Nippon Electricals informs about investor presentation 13 Jun, 12:27 PM India Nipon Electric - Quaterly Results 30 May, 4:50 PM India Nipon Electric - Quaterly Results 30 May, 4:50 PM India Nipon Electric - Quaterly Results 13 Feb, 1:20 PM India Nipon Electric - Quaterly Results 13 Feb, 1:20 PM India Nipon Electric - Quaterly Results 13 Feb, 1:20 PM India Nippon Electricals informs about board meeting 30 Oct, 3:03 PM India Nipon Electric - Quaterly Results 10 Aug, 2:48 PM India Nipon Electric - Quaterly Results 10 Aug, 2:48 PM India Nipon Electric - Quaterly Results 10 Aug, 2:48 PM India Nippon Electricals informs about disclosure 27 Jun, 3:01 PM India Nippon Electricals informs about disclosure 20 Jun, 12:26 PM India Nippon Electricals informs about disclosure 20 Jun, 12:24 PM India Nippon Electricals informs about appointment of internal auditors and cost auditor 27 May, 10:59 AM India Nipon Electric - Quaterly Results 26 May, 2:32 PM India Nipon Electric - Quaterly Results 26 May, 2:32 PM India Nippon Electricals informs about board and audit committee meeting 17 May, 10:51 AM India Nippon Electricals informs about compliance certificate 24 Apr, 10:01 AM India Nipon Electric - Quaterly Results 14 Feb, 2:34 PM India Nipon Electric - Quaterly Results 14 Feb, 2:34 PM India Nipon Electric - Quaterly Results 14 Feb, 2:34 PM India Nippon Electricals informs about certificate 5 Jan, 11:00 AM India Nippon Electricals informs about closure of trading window 24 Dec, 3:31 PM India Nippon Electricals informs about loss of share certificate 17 Dec, 4:22 PM India Nippon Electricals informs about KMP 6 Dec, 10:42 AM India Nippon Electricals informs about appointment of CS cum CO 25 Nov, 2:53 PM India Nippon Electricals informs about closure of trading window 22 Nov, 10:33 AM India Nipon Electric - Quaterly Results 11 Nov, 12:00 PM India Nipon Electric - Quaterly Results 11 Nov, 12:00 PM lndia Nippon Electricals informs about loss of share certificate 14 Oct, 10:24 AM India Nippon Electricals informs about certificate 14 Oct, 9:42 AM India Nipon Electric - Quaterly Results 10 Aug, 5:26 PM India Nipon Electric - Quaterly Results 10 Aug, 5:26 PM India Nipon Electric - Quaterly Results 26 May, 4:07 PM India Nipon Electric - Quaterly Results 26 May, 4:07 PM India Nippon Electricals informs about disclosure 29 Apr, 4:30 PM India Nippon Electricals informs about compliance certificate 27 Apr, 10:02 AM lndia Nippon Electricals informs about compliance certificate 12 Apr, 10:17 AM India Nipon Electric - Quaterly Results 10 Feb, 12:31 PM India Nipon Electric - Quaterly Results 10 Feb, 12:31 PM India Nipon Electric - Quaterly Results 10 Feb, 12:31 PM India Nippon Electricals informs about disclosures 12 Jan, 4:54 PM India Nipon Electric - Quaterly Results 13 Nov, 5:32 PM India Nippon Electricals informs about proceedings of AGM 18 Sep, 11:05 AM

India Nipon Electric Stock Price Analysis and Quick Research Report. Is India Nipon Electric an attractive stock to invest in?

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The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how India Nipon Electric is performing and if it is the right time to buy the stock of India Nipon Electric with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, India Nipon Electric has reported decent sales growth of 10.336 % and in the latest quarter sales was Rs 214.67 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 11.7128 times for India Nipon Electric . It is managing its inventory poorly .
     
  • India Nipon Electric reported Profit growth of 2.4711 % over the year, where the latest year profit is Rs 59.3 Cr compared to the previous year of Rs 57.87 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of India Nipon Electric in the latest quarter is Rs 25.76 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • India Nipon Electric has a average ROE of 10.0203 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. India Nipon Electric has a low Debt to Equity ratio of 0.
     
  • India Nipon Electric pays a dividend of 10.25 Rs per share. It tells us that a company likes to share profits with its shareholders. The dividend yield is low at 1.711 %.
     
  • The share of promoter in India Nipon Electric is high at 70.37 %, where the pledging is 0 %.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of India Nipon Electric is 17.964340514882 compared to the 5 year average PE of 18.196275087564 .
     
  • Share Price: - The current share price of India Nipon Electric is Rs 600.6. One can use valuation calculators of ticker to know if India Nipon Electric share price is undervalued or overvalued.
Last Updated on:
Brief about India Nipon Electric

India Nippon Electricals Limited Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

India Nippon Electricals Limited is a renowned company in the electrical components industry. With a rich history spanning several decades, India Nippon Electricals Limited has established itself as a leading manufacturer and supplier of a wide range of electrical components such as ignition coils, ignition modules, sensors, and more. The company's commitment to quality, innovation, and customer satisfaction has made it a preferred choice for many automobile manufacturers both in India and globally.

India Nippon Electricals Limited Share Price

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India Nippon Electricals Limited Balance Sheet

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India Nippon Electricals Limited Annual Report

India Nippon Electricals Limited's annual reports are available for download on our website. The annual report provides a comprehensive overview of the company's performance, financial statements, corporate governance practices, and future outlook. Long-term stock investors can gain valuable insights by studying the annual report.

India Nippon Electricals Limited Dividend

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India Nippon Electricals Limited Quarterly Result

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India Nippon Electricals Limited Stock Price

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India Nippon Electricals Limited Price Chart

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India Nippon Electricals Limited News

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India Nippon Electricals Limited Concall Transcripts

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India Nippon Electricals Limited Investor Presentations

Download India Nippon Electricals Limited's investor presentations from our website. Investor presentations provide an overview of the company's business, financial performance, and growth prospects. Studying investor presentations can help long-term investors evaluate the company's potential.

India Nippon Electricals Limited Promoters

India Nippon Electricals Limited's promoters play a crucial role in the company's success. Our platform provides detailed information about the company's promoters and their contribution to the company's growth and development.

India Nippon Electricals Limited Shareholders

Get insights into India Nippon Electricals Limited's shareholders' composition and ownership patterns using our platform. Understanding the company's shareholder base can provide investors with a deeper understanding of the company's market position and potential.

India Nippon Electricals Limited stock analysis page on our website provides long-term stock investors with a comprehensive range of information and analysis tools to make informed investment decisions. Our pre-built screening tools, downloadable annual reports, concall transcripts, investor presentations, and premium features like fair value calculation tools ensure that investors have access to all the necessary information for a detailed analysis of the company. Explore our platform now to gain valuable insights into India Nippon Electricals Limited's stock performance and prospects.

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